Commercial Property
The property comprises a prominent part single and part two storey corner building currently configured to provide a retail unit, recently used as a Beauty Salon having a porch entrance, main retail area, three former treatment rooms, rear lobby with stores, kitchen and WC off. It is considered that the sales area could be extended with the reconfiguration and incorporating the former treatment rooms.
On the first floor there is a self-contained flat with access from Vaughan Street comprising entrance lobby, stairs to landing, bathroom, kitchen/diner, three rooms, balcony.
To the rear and fronting Vaughan Street is a single storey business unit considered suitable for office or retail type uses subject to any necessary Planning Permission.
The property is prominently situated fronting Belvoir Road at its junction with Vaughan Street within close proximity of Coalville town centre.
Situated approximately 8.5 miles south west of Loughborough and 12.5 miles north west of Leicester. The main arterial route into the town is the A511 Ashby Road which provides direct access to junction 22 of the M1 motorway to the south east.
The property is situated on Belvoir Road which, along with High Street and the Belvoir Shopping Centre form the principle retail and commercial provision within the town.
All interested parties should refer to the Legal Pack. The Receivers act as agents without personal liability and are unable to provide any warranties or title guarantee.
Please refer to the Legal Pack.
Strictly by arrangement with the Auctioneers.
Freehold.
Auction Details:
The sale of this property will take place on the stated date by way of Auction Event and is being sold as Unconditional with Fixed Fee.
Binding contracts of sale will be exchanged at the point of sale.
All sales are subject to SDL Property Auctions’ Buyers Terms. Properties located in Scotland will be subject to applicable Scottish law.
Auction Deposit and Fees:
The following deposits and non- refundable auctioneer’s fee apply:
• 10% deposit (subject to a minimum of £5,000)
• Buyer’s Fee of £1,500 inc. VAT
The Buyer’s Fee does not contribute to the purchase price, however it will be taken into account when calculating the Stamp Duty Land Tax for the property (known as Land and Buildings Transaction Tax for properties located in Scotland), because it forms part of the chargeable consideration for the property.
There may be additional fees listed in the Special Conditions of Sale, which will be available to view within the Legal Pack. You must read the Legal Pack carefully before bidding.
Additional Information:
For full details about all auction methods and sale types please refer to the Auction Conduct Guide which can be viewed on the SDL Property Auctions’ home page.
This guide includes details on the auction registration process, your payment obligations and how to view the Legal Pack (and any applicable Home Report for residential Scottish properties).
Guide Price & Reserve
Each property sold is subject to a Reserve Price. The Reserve Price will be within + or – 10% of the Guide Price. The Guide Price is issued solely as a guide so that a buyer can consider whether or not to pursue their interest. A full definition can be found within the Buyers Terms.
